The story of this market
The typical home in ZIP 32627 sells for about $327,250, or $202 per square foot.
Prices are down 4.3% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 32627 — Gainesville
The Gainesville housing market is experiencing a cooling phase with median prices down 4.3% year-over-year. High interest rates and economic uncertainty have slowed transaction volume, leading to a more balanced market with increased inventory levels.
This area is well-suited for university-affiliated professionals, families seeking proximity to major educational institutions, and investors looking for stable rental demand.
Median prices moved down 4.3% year over year.
Homes spend a median of 50 days on market with 3.9 months of supply — a fast-moving market.
32% of listings have cut prices · homes sell at 94.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 22.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 32627, Alachua County FL
The University of Florida serves as the primary economic anchor, driving consistent demand and development momentum in the region.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
The rental market remains active with steady demand, largely influenced by the university population and local employment base.
The economy is heavily anchored by the University of Florida and the associated healthcare and research sectors.
Data retrieved from US Census Bureau ACS tables for ZCTA 32627.
- Flip Factory Zone4.65.5 mi
- Escapology Escape Rooms Gainesville54.2 mi
- Huddys Escape4.95.5 mi
- Just Escaped52.9 mi
- Gamers Excape Gainesville - Escape/Rage Rooms & Axe Throwing51.2 mi
- Ben Hill Griffin Stadium4.71.1 mi
- Stephen C. O'Connell Center4.71.3 mi
- Gainesville Raceway4.78.2 mi
- Celebration Pointe4.64.3 mi
- Kanapaha Botanical Gardens4.75.4 mi
- Paynes Prairie Preserve State Park4.75.8 mi
- Depot Park4.80.6 mi
- Celebration Pointe4.64.3 mi
- Florida Museum of Natural History4.82.6 mi
- Devil's Millhopper Geological State Park4.55.4 mi
- Florida Museum of Natural History4.82.6 mi
- Harn Museum of Art4.72.6 mi
- Cade Museum for Creativity & Invention4.60.5 mi
- Butterfly Rainforest at the Florida Museum of Natural History4.82.6 mi
- Hippodrome Theatre4.80.4 mi
- Paynes Prairie Preserve State Park4.75.8 mi
- Depot Park4.80.6 mi
- Devil's Millhopper Geological State Park4.55.4 mi
- Kanapaha Botanical Gardens4.75.4 mi
- Sweetwater Wetlands Park4.82.1 mi
- Turkey Creek Golf Course4.39 mi
- Ironwood Golf Course3.93.4 mi
- Mark Bostick Golf Course4.52.1 mi
- Hawkstone Country Club4.27.5 mi
- The Oaks Mall4.24.9 mi
- Publix Super Market At University Village Market4.40.6 mi
- T.J. Maxx & HomeGoods4.45.6 mi
- Celebration Pointe4.64.3 mi
- Publix Super Market at Butler Plaza West4.53.7 mi
- Gainesville Regional Airport4.34.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.